Which Statement Is Correct

question 38

Multiple Choice

Which statement is correct?

• A)Analysts rarely consult business periodicals (e.g., Bloomberg Businessweek).
• B)Web searches (e.g., Google) often yield unverifiable data.
• C)Government data sources (e.g., www.bls.gov) are often costly.
• D)Private statistical databases (e.g., CRSP) are usually free.

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Definitions:

Interest Rate

The percentage of an amount of money which is charged for its use per some period of time, often annually.

Real Rate

The interest rate adjusted for inflation, reflecting the true cost of borrowing or the true return on investment.

Nominal Rate

The interest rate before adjustments for inflation, as opposed to the real rate, which is adjusted for inflation.

Rate of Inflation

The percent change in the price level of goods and services in an economy over a period of time, usually measured annually.